Finance
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Storm commission urges flood walls for subwaysJan 12, 2013 12:22 pm - ALBANY, N.Y. — A commission formed to examine ways to guard against storms like Sandy released a report Friday that calls for flood walls in subways, water pumps at airp...
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Hostess to sell breads to Flower Foods for $390 millionJan 11, 2013 6:00 pm - NEW YORK — Hostess said Friday it has a deal to selling most of its bread business, including the Wonder and Nature’s Pride, to Flowers Foods Inc. for $390 million. The ...
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Taco Bell tests ‘$1 Cravings’ value menuJan 11, 2013 4:20 pm - NEW YORK — Taco Bell is testing a new value menu that could put it in more direct competition with the Dollar Menu at McDonald’s. The Mexican-fast-food chain is testing ...
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Fitch downgrades Illinois outlook to ‘negative’Jan 11, 2013 3:35 pm - Illinois faces a possible downgrade by Fitch Ratings on $26.2 billion of general-obligation debt after lawmakers this week failed to repair the nation’s worst- funded st...
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Wells Fargo’s net rises, but mortgages slowJan 11, 2013 6:23 am - NEW YORK — Wells Fargo, the country’s biggest mortgage lender, reported a 25 percent increase in fourth-quarter earnings Friday, beating analysts’ expectations for both ...
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U.S. banks to pay $8.5B in mortgage settlementJan 08, 2013 10:13 am - WASHINGTON — Hundreds of thousands of Americans stand to benefit from the latest mortgage-abuse settlement, but consumer advocates say U.S. banks may be getting the best...
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Consumers Credit Union announces board candidatesJan 08, 2013 9:29 am - Consumers Credit Union recently introduced eight candidates to fill four positions on the Waukegan-based, member-owned credit union’s board of directors. The election is...
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First Midwest Bank picks SCC to manage brand marketingJan 08, 2013 9:00 am - Itasca-based First Midwest Bank has picked Chicago-based ad agency Schafer Condon Carter as the agency of record for its retail, commercial and wealth management busines...
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10 banks agree to pay $8.5B for foreclosure abuseJan 07, 2013 10:39 am - WASHINGTON — Ten major banks and mortgage companies agreed Monday to pay $8.5 billion to settle federal complaints that they wrongfully foreclosed on homeowners who shou...
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Bank of America in $10B-plus mortgage settlementJan 07, 2013 8:00 am - CHARLOTTE, N.C — Ten major banks agreed Monday to pay $8.5 billion to settle federal complaints that they wrongfully foreclosed on homeowners who should have been allowe...